Ronpaullibertyreport
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"Price Gouging" Gets a Bum Rap
Posted
September 5, 2023
Views
2,982
Likes
388
Comments
43
Engagement
14.45%
September 5, 2023
2,982
388
43
14.45%
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23:36Now PlayingWhen two people voluntarily agree to exchange, there's no such thing as "price gouging." It's just simply the "price." However, what tends to happen (especially during emergencies) is that buyers are not happy with the emergency "price," so they call for government to threaten (or use) force against the seller. Buyers want government to ensure them the non-emergency price, which of course, leads to shortages. Ironically, the greatest "price gouger" in society is the government itself.
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